Raiffeisen Bank International AG - SWOT Analysis & Company Report

Published: May 2014 · Publisher: FriedlResearch

This report from May 2014 contains in-depth data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data and a SWOT analysis.

This report has been published in May 2014 and contains in depth information and data about Raiffeisen Bank International AG and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast dat, SWOT analysis, plus data on key events.

FriedlResearch is a Vienna based market research company, which helps foreign investors, corporate executives and financial professionals to understand the dynamic markets and companies of Austria and the Central- and Eastern European countries Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Russia, Slovakia, Slovenia and the Ukraine.

Summary

FriedlResearch’s "Raiffeisen Bank International AG - Company Profile & SWOT Analysis" contains in depth information and data about the company, its markets and its operations.

The profile provides
- a company overview, including its strategy and its shareholder structure,
- economic indicators for Austria and Central- and Eastern Europe,
- an investigation of the business and competitive environment in Austria and Central- and Eastern Europe,
- product and service offerings,
- detailed financials including share information, ratings, balance sheet, income and CF statements for the past 5 years,
- key financial figures including the most important ratios, risk provisions, EBIT and last quarter results,
- valuation and forecast data for the next 3-4 years,
- SWOT analysis,
- a banking industry and company outlook,
- plus information on key corporate actions and events affecting the company.

Scope

• Examines and identifies key information and issues about "Raiffeisen Bank International AG" for business intelligence requirements
• Studies and presents the company's strengths, weaknesses, opportunities (growth potential) and threats (competition).
• Strategic and operational business information is objectively reported
• Provides analysis on financial ratios of the company
• The profile also contains information on business operations, company history, major products and services, prospects, key competitors, key management, locations and subsidiaries

The Vienna-listed lender, which is the second biggest in Central, Eastern and Southeastern Europe, has managed a number of difficulties in the last few years: after 15 years of rapid growth rates, RBI´s expansion in the CESEE region came to a standstill in 2008. Particularly the emerging markets of CESEE were hit extremely hard by the financial crisis. Due to its exposure to CESEE, RBI was observed very critically. Within less than two years, RBI´s share price fell by more than 80%.

However, RBI performed much better than expected. In the consecutive years after the financial crisis, RBI re-shaped its operations and cut costs consequently. Being able to improve operating figures is only half a solution, however.

The whole banking landscape in CESEE has changed substantially. For banks operating in CESEE, economic and political frame conditions are completely different to the situation before 2008. It is therefore not surprising that optimism is far from being back. Events like the political crisis in Ukraine are driving the market uncertainty even higher.

For RBI, the situation in CESEE is still ambiguous, as a result. On the one hand, the exposure in some CESEE markets is still the biggest risk factor. On the other hand, deepening the business in CESEE is RBI´s only chance to succeed. Hence, RBI has developed a new strategy.

Now, RBI is on the growth track again. However, the lender does not record the same growth rates as in the period from 2000 to 2008. Compared to the years before 2008, the banking group posts solid, but relatively low income. Now, RBI´s main challenges are to keep its strong position in countries like Austria, Russia and Poland, to stabilize its operations in Southeastern Europe and to leave difficult markets like Ukraine or Hungary.

The last few years have shown that RBI is able to survive in a challenging environment. The next few years will show whether RBI is also able to succeed.